A fourth team and second IndyCar outfit from the United States of America has been announced by Formula E Holdings to compete in the new battery-electric FIA Formula E Championship that will start in September 2014. Dragon Racing, owned by media and publishing entrepreneur Jay Penske – with its headquarters based in Los Angeles – continues the battle against a familiar IndyCar competitor Andretti Autosport and others like Drayson Racing and China Racing.

“It’s an honour for Dragon Racing to have been selected as one of the founding teams in Formula E,” said Jay Penske, Owner and President of Dragon Racing, who currently fields two cars in the IndyCar Series with drivers Sebastian Saavedra and four-time Champ Car World Series champion Sébastien Bourdais. “Formula E symbolizes a vision for the future of motorsports and the automotive industry, while directly appealing to a new generation of global race fans. Formula E offers a tremendous opportunity for our many technology and media partners, and we look forward to its inevitable growth and ascendancy over the next decade.”

1. Dragon Racing owner Jay Penske (left) and Alejnadro Agag, CEO of Formula E Holdings

Alejandro Agag, CEO of Formula E Holdings, added: “We’re extremely happy to welcome Dragon Racing to the FIA Formula E Championship and are convinced that Jay Penske and the team will be a major contribution to our grid. Today’s announcement also brings an LA based team to the Championship. That has special significance as California has become the ‘land of electric cars’, an example that we want to spread to the rest of the world.

“With Dragon Racing lining up alongside fellow IndyCar giants Andretti Autosport, what’s apparent is the continued interest from the States Formula E is receiving from not only teams but also cities, with races taking place in Los Angeles and Miami. We still have more teams to announce over the coming weeks, with the full grid to be made public by the end of November.”

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Tim is co-founder of ElectricAutosport.com and works in international motorsport. He found his passion for sustainable racing by joining world's first competition for hydrogen electric vehicles in 2008. He does not doubt on the possibility of a break through of electric racing. And that deserves a platform to keep up to date and to interact. Tim operates on behalf of Formula Blue Media.

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